By Reuters API Published Apr 25, 2024 Spanish fast fashion retailer Inditex on Thursday relaunched its business in Venezuela with the opening of a Zara store via a franchise agreement. Reuters In 2021, Inditex, which also owns Bershka, Pull & Bear and other brands, closed all the group’s shops in the South American country, following … Read more
By Reuters API Published Mar 22, 2024 Workers from Zara, Bershka and other clothing stores owned by fashion giant Inditex protested outside their shops across Spain on Friday to demand better conditions after the group reported record profits and raised shareholder payouts. Outside the flagship Bershka store on Madrid’s iconic Gran Via boulevard, demonstrators, mainly … Read more
Translated by Roberta HERRERA Published Mar 16, 2024 For Inditex, ambition knows no bounds. Once again, the Arteixo-based company revealed record-breaking financial achievements, characterized by a 30% surge in net profit to 5.381 billion euros. Despite the evident satisfaction within the group, as expressed by its CEO, Óscar García Maceiras, Inditex aims to venture even … Read more
By Reuters API Published Feb 23, 2024 Zara owner Inditex, the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein. Reuters The rapid growth of Shein, an online marketplace with no physical stores, is putting pressure on retailers like Inditex and Sweden’s H&M … Read more
Fashion retail giant Inditex has reported another good sales period and also on Wednesday it said that the final quarter of the year is going well. Inditex Its AW23 collections have been “very well received” by its customers and store and online sales in constant currency between 1 November and 11 December 2023 were up … Read more
